According to Odaily, a day after BlackRock submitted its revised S-1 declaration, Grayscale submitted its revised S-3 registration statement. It is expected that more revised registration statements will follow. In its latest document, Grayscale discussed the regulatory handling of Ethereum. The updated document added a new key point about how much Ethereum is needed to create a basket of stocks. The latest document stated, 'As of May 28, 2024, the amount of Ethereum needed to create 100 shares of the basket is approximately 0.94552590, and after the revised trust agreement takes effect, the amount of Ethereum needed to create 10,000 shares of the basket is 94.552590.'
Grayscale Submits Revised S-3 Registration Statement Discussing Ethereum Regulation
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